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The impact of aging and fertility rate on economic growth in Malaysia: new evidence using ARDL model


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Item type Book Section
Subjects 300 Social sciences > 305 Social groups
Division/Agency LPPKN - National Population and Family Development Board, Malaysia: Population and Family Research Division
Keywords Ageing population, Fertility rate, Capital stock, Employment, Economic growth, ARDL model
Additional Information This paper has been presented at the National Population Conference 2021 (PERKKS 21) - online conference on 16-17 November 2021. It is jointly organized by the National Population and Family Development Board (LPPKN), United Nations Population Fund (UNFPA) Malaysia, Faculty of Business and Economics, Universiti Malaya (UM) in collaboration with WMIT Group Sdn Bhd.
Abstract Population aging and the health status of the community are the primary agenda in the achievement of the Sustainable Development Goals 2030 (SDG, 2030). However, current trends in the world have shown a rapid increase in the aging population rate, whereas the birth rate has shown a downward trend. Malaysia is no exception in this regard, which is expected to become an old country status by 2030 when the population aged 60 years and above reaches 15% of the total population.
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